bureau of labor statistics

US Jobless Claims Rise Along With Labor Costs

US Jobless Claims Rise Along With Labor Costs
US Jobless Claims Rise Along With Labor Costs
May 04, 2023  |  Economy

U.S. unemployment claims climbed last week — as did the cost of labor — as productivity fell. That’s according to government data released Thursday (May...

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Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
Markups by Auto Dealers Helped Fuel Inflation, Government Study Shows
April 23, 2023  |  Economy

New government research shows that markups on new vehicles helped drive the inflation plaguing consumers. A recent study by the U.S. Bureau of Labor Statistics...

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US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
US Adds 311,000 Jobs in February, Lagging Behind Six-Month Average
March 10, 2023  |  Economy

Job growth continued but slowed as the U.S. added 311,000 jobs in February. That gain was lower than the revised 504,000 added jobs reported for...

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Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
Jan. CPI Slips to 6.4% but Data May Fan Consumers’ Inflation Fears 
February 14, 2023  |  Economy

A majority of consumers think inflation this year will trump 2022’s soaring pace. The latest data from the Labor Department may not dispel that notion....

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PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
PYMNTS Data Pegs Two-Year Bite of Inflation at 13.5%
January 25, 2023  |  Economy

The worst is over for inflation, and the impact of rising prices will recede. Not by a long shot. The long-term perspective tells us otherwise....

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Consumers’ Inflation Perception and Government Data Are Miles Apart
Consumers’ Inflation Perception and Government Data Are Miles Apart
January 18, 2023  |  Economy

When it comes to inflation, consumers may be a more accurate barometer than government statistics. In a series of studies, PYMNTS has consistently found disagreement...

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CPI Shows Main Street Small Business Price Hikes Successful, for Now
CPI Shows Main Street Small Business Price Hikes Successful, for Now
January 12, 2023  |  Economy

Inflation data — though a cooling down is evident — shows Main Street small businesses’ price hikes are sticking. At least for now. But the...

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December Inflation Falls for 6th Month to 6.5% on Food and Energy Declines
December Inflation Falls for 6th Month to 6.5% on Food and Energy Declines
January 12, 2023  |  Economy

Falling food and fuel prices pulled the annual inflation rate to a 14-month low of 6.5%. This, as the December Consumer Price Index report from the Bureau...

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